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Gold jumps, draws demand as a safety play away from embattled stock market

Another haven market, however, U.S. Treasury bonds — chief among culprits influencing rickety stock trading of late — drew their own fresh demand Thursday, halting for now the rise in yields that spooked stock investors.

Now that the dollar and yields have eased back, gold is finding some solid support, especially given that the stock markets are selling off,” said Fawad Razaqzada, market analyst with Forex.com.


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